18 annual accounts with figures on one time axis, 25 filings since 2001
peak €1.2m (2020)
-not published
lowest -€184,278 (2008)
€523,502▼ 51.1%
peak €4.4m (2025)
€4.4m▲ 13.4%
€3.5m▼ 13.2%
peak 7.7 FTE (2021)
-not published
Board5 names since 2008
4 directorsName hiddenVisible after signing in and 3 others
Documentsfilings and deeds
20-10-202681 days late
2025financial year
Turnover from €24.6m to €1.9mResult from €1.1m to €523,502Merger: VLEESGROOTHANDEL HURIKO BEEF takes over LE JAMBON ROY…22-07Merger proposal: Vleesgroothandel Huriko Beef NV takes over L…09-05Equity from €3.9m to €4.4mInvestments €1.9m
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 1,575 companies had the same profile as SOKOEL has now. Each dot stands for 4 companies, two years later.
96.6%
were still trading
3.2%
stopped another way
0.1%
went bankrupt
Medium-sized
20 years or older
solvency 30% or more
a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,575 companies, not a prediction for SOKOEL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0473038019
Merger: VLEESGROOTHANDEL HURIKO BEEF takes over LE JAMBON ROYAL BELGE
Company renamed from VLEESGROOTHANDEL HURIKO BEEF to SOKOEL · Reappointments: Hidden nameVisible after signing in (director) and Name after signing inVisible after signing in (director) · Appointments: Name hiddenVisible after signing in (managing director) and Hidden nameVisible after signing in (managing director) · General meeting of 26-06-2025 · Gazette deed
Merger proposal: Vleesgroothandel Huriko Beef NV takes over Le Jambon Royal Belge BVName after signing inVisible after signing in holds 2,500 shares · Name hiddenVisible after signing in holds 2,500 shares · The company holds 3,915 shares of Le Jambon Royal Belge BV · Board meeting of 22-04-2025 · Gazette deed
Appointment: Hidden nameVisible after signing in (statutory auditor)
General meeting of 26-10-2022 · Gazette deed
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
Grey: the largest companies of the sector (real estate (NACE 68)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as SOKOEL: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €6.1m and €9.9m, founded between 1992 and 2007.